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Dollar Tree

Dollar Tree

Dollar Tree is a discount retailer that sells a wide range of products. The household section offers cleaning supplies, paper and plastic cutlery and dinnerware, and home decor items. A selection of dried and prepared foods are available, as well as beverages, snack foods and frozen foods. Pet supplies like kitty litter, dog food and toys are also sold. Party favors and games, as well as themed tableware for various special occasions are available, from bridal showers to birthday parties. Invitations, balloons and party favors are sold for entertaining needs. The health and beauty department offers personal hygiene products like skin care, cosmetics, and over-the-counter cough and cold medicine. Many office and school supplies are sold, from binders and folders to flashcards and pens. Educational toys and stuffed animals are available for many age groups. A floral department has an assortment of faux flowers, vases and fillers. Seasonal merchandise is available, like decorations for Christmas, Halloween and the Fourth of July.

Dollar Tree - Everything is $1

Dollar Tree was founded in 1953 by K.R. Perry in Norfolk, Virginia, originally with the name Ben Franklin Variety Store. The first store with the "$1 for everything in store" was launched in 1986. At that time it was called Only $1, and had five locations the same year. The retailer adopted its curent brand name in 1993, and became publicly traded on the NASDAQ stock exchange under the symbol DLTR in 1995. The company opened its first distribution center in Chesapeake, Virginia in 1997. Bob Sasser is the current CEO of the company, who assumed leadership in 2004. The 3,000th store was opened in 2006 and reached 4,000 stores by 2010.

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